Spanish Football League president Javier Tebas insists there is nothing "immoral" about Real Madrid's possible world record breaking chase of Tottenham's Gareth Bale.

Bale is hotly tipped to leave Tottenham

Madrid have made their pursuit of Bale public and although it is unclear what offer they would be prepared to make to Tottenham, recent reports suggest Spurs could be given a staggering €100 milllion for the transfer.

With the amount usurping Cristiano Ronaldo's move to the Bernabeu four years ago as the most lucrative in football history, questions have been raised over the validity of Real's move.

But Tebas believes Los Blancos will not be crossing any legal boundaries provided they have the sufficient funds to recruit Bale.

"It is immoral to pay for something when you cannot afford it," Tebas said. "I think it's more immoral for a club to spend one million euros which they do not have.

"A 100 million euros is a huge amount of money to spend on a player but if Madrid can afford that then it's not a question of morality, but of whether it's a risky move or not."

Tebas suggested Bale's move to Madrid could help raise the profile of La Liga after a summer of high profile player departures, including the exits of Radamel Falcao, Alvaro Negredo and Jesus Navas.

"I don't know much about him, but if Bale is a good player, then I'd rather he was over her [in La Liga] than in the Premier League," he added. "It's not a question of how much he costs, you have to look at how much money he will generate, and if the LFP has all the stars, it will allow us to maintain high television revenue. All the money the arrival of this type of player generates translates into more revenue.

"Seeing players leave [Spain] is a double-edged sword. Clubs need to decrease their debts, and it's a shame that players have to leave, but it is good news because this is the path we have chosen.

"Spanish football clubs pay 120million euros in interest each season, and just think about the players we could have had with that money and how much we could have paid them.

"If we can reduce our debts, in four or five seasons' time we will have more money to invest in our football. We are on the right track, and the clubs know that."

Meanwhile, Real defender Sergio Ramos remained coy on the prospect of having Bale as his team-mate this season.

"I think that the price of the player is dictated by the market," he said. "It's not my job to decide whether we should sign Bale or someone else. It's important for Madrid to have a large number of young players and Spanish players in the team.

"The mix of youth and experience makes for a good project. The president and the other directors will decide whether or not we sign Bale, not me."